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Interest equalisation scheme to help textile sector and boost exports
Cabinet Committee on Economic Affairs has given approval for interest equalisation scheme (earlier called Interest Subvention Scheme) on pre and post shipment rupee export credit with effect from
Taiwanese textile machinery strengthen their global reputation at ITMA 2015
Five Taiwanese textile machinery companies PaiLung, AK Dyeing Machine, ACME, Jen Haur and CCI Tech came together to strengthen their global reputation and exhibit their leading products at ITMA 2015
Textile units to purchase LED bulbs for reducing cost
The Sripuram Trust, formed by different textile stakeholders, has started grouping together apparel units in the Tirupur cluster to purchase LED (light emitting diode) bulbs under a consortium
Acrylonitrile prices up amid tight supply in Asia
In the first week of November, Asian acrylonitrile marker climbed US$10 a ton CFR Far East Asia while Southeast Asia was steady at US$940-942 a ton. In China, spots offers remained unchanged on
NGT judgment brings relief to Malegaon textile industry
The National Green Tribunal (NGT) in its judgment delivered on November 04, 2015, has given conditional permission to re-start the textile processing units in Pali, Balotra and the surrounding areas
Pakistan Sunsilk Fashion Week to take place in March 2016
The Pakistan Fashion Design Council (PFDC) announces the dates for their ninth Sunsilk Fashion Week (PFSFW) as fashion gets in the front row of the cultural scene in Pakistan. The PSFW will take
Govt to take up special new scheme for overall development of weaving industry
Chief Minister Tarun Gogoi during a meeting with delegation of Sualkuchi Tat Silpi Sanstha at his official residence recently assured the delegates that the State government would not allow the
Oerlikon Manmade Fibers presents modular POC at ITMA 2015
Oerlikon Manmade Fibers with the product brands Oerlikon Barmag and Oerlikon Neumag is the world market leader for filament spinning systems, texturing machines and BCF carpet yarn, staple fiber
Duty drawback rates raised to support exporters
The government has raised duty refund rates on a host of items which includes garments to give a supporting hand to exporters. These revised rates are based on average incidence of Customs and
MEG price edges up in China
Asian MEG markers were up US$1 a ton CFR China in the first week of November. In China, offers for nearby-month cargoes were at US$630-635 a ton, and counter offers were at US$625 a ton, with
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